Cohen Klingenstein LLC Decreases Holdings in Invesco QQQ $QQQ

Key Points

• Cohen Klingenstein LLC trimmed its stake in Invesco QQQ by 1.2% in Q4, selling 3,926 shares and leaving it with 317,949 shares valued at about $195.3 million, representing 5.9% of the firm's portfolio and its third-largest holding.
• Invesco QQQ (QQQ) opened at $584.98 and is trading below its 50‑ and 200‑day moving averages (≈$602 and $609), with a one‑year range of $402.39–$637.01.
• Market commentary is mixed: a strong jobs print and rising yields are a headwind for long‑duration tech names, while some analysts see the recent pullback as a healthy reset—geopolitical risks and flows/breadth remain key watch points.

Cohen Klingenstein LLC cut its stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 1.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 317,949 shares of the exchange traded fund's stock after selling 3,926 shares during the period. Invesco QQQ comprises about 5.9% of Cohen Klingenstein LLC's investment portfolio, making the stock its 3rd biggest position. Cohen Klingenstein LLC's holdings in Invesco QQQ were worth $195,319,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Well Done LLC grew its holdings in Invesco QQQ by 0.5% during the fourth quarter. Well Done LLC now owns 3,439 shares of the exchange traded fund's stock worth $2,113,000 after acquiring an additional 16 shares during the period. Orgel Wealth Management LLC boosted its position in Invesco QQQ by 4.7% in the 3rd quarter. Orgel Wealth Management LLC now owns 382 shares of the exchange traded fund's stock worth $229,000 after purchasing an additional 17 shares in the last quarter. Enclave Advisors LLC grew its stake in shares of Invesco QQQ by 0.9% during the 3rd quarter. Enclave Advisors LLC now owns 1,831 shares of the exchange traded fund's stock worth $1,099,000 after purchasing an additional 17 shares during the period. IFS Advisors LLC grew its stake in shares of Invesco QQQ by 4.1% during the 3rd quarter. IFS Advisors LLC now owns 431 shares of the exchange traded fund's stock worth $259,000 after purchasing an additional 17 shares during the period. Finally, Mezzasalma Advisors LLC increased its holdings in shares of Invesco QQQ by 0.5% during the 3rd quarter. Mezzasalma Advisors LLC now owns 3,312 shares of the exchange traded fund's stock valued at $1,988,000 after purchasing an additional 17 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company's stock.

Invesco QQQ Stock Performance

QQQ opened at $584.98 on Friday. The firm has a fifty day moving average price of $602.08 and a 200 day moving average price of $609.17. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01.

Invesco QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a $0.7328 dividend. The ex-dividend date was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.5%.

Invesco QQQ News Roundup

Here are the key news stories impacting Invesco QQQ this week:

• Positive Sentiment: Analysts argue the recent pullback in the S&P 500 looks like a healthy reset, supporting a risk-on stance that can benefit QQQ's large-cap tech exposure. S&P 500 May Have Already Found Bottom
• Positive Sentiment: Market note: QQQ recorded a modest gain in the latest daily update, reflecting short-term resilience after recent volatility — a signal that buyers are nibbling at tech again. Invesco QQQ Trust ETF (QQQ) Daily Update, 4/3/2026?
• Neutral Sentiment: Nasdaq’s new index/IPO rule changes could alter listings dynamics over time; not an immediate QQQ catalyst but worth monitoring for potential future index composition shifts. New Nasdaq Index Rules Are a Gift for IPO Flippers. Here’s Why.
• Neutral Sentiment: Deeper reads on the March jobs report show payrolls were strong but participation/quality metrics lag — this nuance could temper how hawkish the Fed reaction is, making the impact on growth stocks ambiguous. March Jobs Report: Payroll Strength Offsets Weakness In Participation
• Negative Sentiment: Market-moving: a strong March NFP surprise pushed futures and bonds lower (higher yields), a classic headwind for QQQ’s long-duration tech names as higher rates pressure valuations. Massive March Jobs Beat: Stock Futures And Bonds Trade Lower On Good Friday
• Negative Sentiment: Commentary warns the recent QQQ rebound may be a "bull trap" amid macro uncertainty — investors should be cautious on size and watch flows/breadth for confirmation. QQQ stock rally may be a bull trap: what next for the Nasdaq 100 Index?
• Negative Sentiment: Geopolitical tensions and oil/ Hormuz risk are cited as drivers for renewed risk-off moves; such safe-haven shifts typically weigh on growth/tech-heavy ETFs like QQQ. Iran And Oil Spark An Explosive Month

Invesco QQQ Profile

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust's investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.

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